The 25-year-old menswear designer, who graduated from Central Saint Martins in 2014, is the first individual woman to win the prestigious award, which has honoured Marques Almeida, Simon Porte Jacquemus and Thomas Tait before her.
Wales Bonner impressed the fashion heavyweights on the judging panel - Karl Lagerfeld, Phoebe Philo, Nicolas Ghesquière, Marc Jacobs and Riccardo Tisci among them - with her androgynous aesthetic, which draws on African and West Indian influences and British tailoring. "It was quite unanimous," Ghesquière told WWD. "I love her vision. The clothes are really well made also."
The LVMH Prize seeks to scout out emerging fashion industry talent and is open to designers under the age of 40 who have presented and sold at least two ready-to-wear collections. Wales Bonner, who is currently stocked by matchesfashion.com, will receive a grant of €300,000 plus a year of coaching from LVMH executives.